Member Compensation Sample Clauses

Member Compensation. No Member shall receive any interest, salary, or draw for services rendered on behalf of the Company, or otherwise, in its capacity as a Member, except as otherwise provided in Section 5.6(b). Notwithstanding the foregoing, the parties hereto acknowledge the fees payable pursuant to the Fee Letters.

Member Compensation. No Member shall receive any interest, salary or drawing with respect to its Capital Contributions or its Capital Account or for services rendered on behalf of the Company, or otherwise, in its capacity as a Member, except as otherwise provided in this Agreement, any of the JV Transaction Agreements or in another agreement among the Company and a Member that received approval by the Management Committee in accordance with Section 5.6.

Member Compensation. 42 Section 9.17

Member Compensation. No compensation for services rendered shall be paid by the Company to any Member or officer except as reasonably Approved by the Executive Committee or otherwise reasonably provided herein or in the Business Plan. Any compensation, fees or other amounts paid to any Person shall be commensurate to the fees paid to independent service providers providing similar services in the geographical location of the Master Project. This Section shall not prohibit the payment of sums otherwise due to a Person as reimbursement for expenses incurred on behalf of the Company as otherwise provided in this Agreement, as indemnification in accordance with this Agreement, or as a distribution or other payment to a Member relating to that Member’s Interest in the Company.

Member Compensation. (A) Mr. Del shall be compensated for his services as a member of DELTA board of directors and committees, as follows: (a) For basic service as a member of our Company's board of directors, 5000 shares per month (b) For service, as chairman of any committee, 2500 shares per month (c) For service, on any other committee an additional 1250 shares per month (B) The foregoing compensation will be subject to the condition precedent that Mr. Del comply on a timely basis with all personal reporting obligations to the Commission pertaining to his role with DELTA and that Mr. Del serve in the designated positions providing all of the services required thereunder prudently and in good faith. In addition to the compensation described above and in Section 3.1 (unless comparable compensation is provided for under the terms of a separate employment or consulting agreement) or such compensation cannot be paid because of conflicts with applicable laws: (C) In the event that Mr. Del directly arranges or directly provides funding for DELTA on terms more beneficial than those reflected in DELTA current principal written financing agreements, Mr. Del shall be entitled at his election, to either: (1) A fee equal to 10% of such savings, on a continuing basis; or (2) If equity funding is directly arranged for DELTA by Mr. Del and DELTA is not obligated to pay any other source of compensation in conjunction therewith, other than the normal commissions charged by broker dealers in securities in compliance with the compensation guidelines of the FINRA, Mr. Del shall be entitled to a bonus in a sum equal to 10% of the net proceeds of such funding after paying normal commissions. (D) In the event that Mr. Del arranges for an acquisition by DELTA, then Mr. Del will be entitled to compensation in an amount, in shares of DELTA common stock, equal to 10% of the net consideration paid by DELTA for such acquisition, provided that if such compensation is payable to more than one person, then they shall share such compensation, pro rata, based on the nature of their entitlement to such compensation.

Member Compensation. 32.1. Members shall be paid a Sessional Stipend for each course fully taught. Members contracted to complete a course in progress shall be paid a prorated Sessional Stipend per week, or part thereof. 32.2 Members are not required to perform service for the University. A Member may, however, voluntarily participate on the SJUSC per the St. Jerome’s University Senate Council Terms of Reference. In recognition of this participation on SJUSC and the Member’s contribution to the University, the Member shall receive $50 per meeting attended, to be paid at the final pay cycle of each respective Academic Term. 32.3 A Member who designs a new online course shall receive the equivalent of two Sessional Stipends paid in two equal installments: the first will be upon the start of the work, the second will be upon full completion.

Member Compensation. The Members shall not be compensated for their services to the Company.

Member Compensation. ‌ 32.1 Members shall be paid a Sessional Stipend for each course fully taught. Members contracted to complete a course in progress shall be paid a prorated Sessional Stipend per week, or part thereof. 32.2 At point of first hire, a newly hired Member will receive a one-time payment of $200 for time spent in conducting on-boarding activities, such as attending mandatory orientation and completing required training. Thereafter, any additional training required by the Employer for a Member will be compensated at a rate of $49 per hour. 32.3 Members are not required to perform service for the University. However: (a) A Member may voluntarily participate on the SJUSC per the St. Jerome’s University Senate Council Terms of Reference. In recognition of this participation on SJUSC and the Member’s contribution to the University, the Member shall receive $98 ($49 per hour per two [2] hour meeting) per meeting attended, to be paid at the final pay cycle of each respective Academic Term. (b) Members appointed to the JHSC shall be compensated for attending meetings and carrying out inspections at an hourly rate of $49. Timesheets must be completed by the Member and submitted to the Office of Finance and Administration. (c) In the case of a Member being appointed to serve as President of the Association, the Employer shall grant the Association one (1) Sessional Stipend in lieu of the course release provided for under Article 6.1(a) of the full-time Collective Agreement. 32.4 A Member who designs a new online course shall receive the equivalent of two Sessional Stipends paid in two equal installments: the first will be upon the start of the work, the second will be upon full completion.

Member Compensation. 32.1. Members shall be paid a Sessional Stipend for each course fully taught.